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July 19th, 2012 
FAKE NEWS for the Zionist agenda 
Michael Snyder
The Economic Collapse
July 19, 2012
The U.S. economy is in a massive amount of trouble. There aren’t enough jobs. There isn’t enough money to go around. Business activity is slowing down again. Household wealth has been falling. Food prices have been rising. Many state and local governments all over the country are flat broke and are drowning in debt. The federal government has been rolling up unprecedented amounts of debt in an attempt to keep things going, but everyone knows that kind of borrowing is simply unsustainable. So where do we go from here? We consume far more than we produce and we use debt to make up the difference. 40 years ago the total amount of debt in America (government, business and consumer) was less than 2 trillion dollars. Today it is nearly 55 trillion dollars. How in the world did we let the total amount of debt in the United States grow more than 27 times larger over the past 40 years? Our economic system is fundamentally broken, but most Americans don’t realize it yet because times are still relatively good.
However, the next great economic crisis is going to wake a whole lot of Americans up.
And when they realize what has happened to our future, they are going to be really, really angry.
Enjoy the good times while they last. The next recession is rapidly approaching, and it will not be pleasant.
The following are 20 signs that all point to the exact same thing….
#1 The unemployment rate in the U.S. has been above 8 percent for 40 months in a row, and 42 percent of all unemployed Americans have been out of work for at least half a year. As I wrote about recently, there are never going to be enough jobs in America ever again. As bad as things are right now, they are about to get even worse. So what is our country going to look like once the unemployment rate starts shooting up rapidly once again?
#2 35 percent of all unemployed workers have had to dip into retirement savings in order to make ends meet over the past year.
#3 Since 2008, the U.S. economy has lost 1.3 million jobs while at the same time 3.6 million more Americans have been added to Social Security’s disability insurance program.
#4 A recent survey conducted by the National Association for Business Economics found that only 23 percent of all U.S. companies plan to hire more workers over the next 6 months. When the same question was asked a few months ago that number was at 39 percent.
#5 An important measure of U.S. manufacturing activity has fallen to its lowest level since June 2009.
#6 Hundreds of thousands of federal jobs at civilian agencies will likely be lost if Congress allows the automatic federal budget cuts to go into effect next year. The following is from a recent article posted on federalnewsradio.com….
A report released Tuesday suggests that several hundred thousand federal jobs at civilian agencies would be on the chopping block within the next year if Congress lets the automatic budget cutting process known as sequestration go into effect.
The study, authored by George Mason University professor Stephen Fuller, adds a new dimension to a budget debate that’s so far been centered on sequestration’s effects on the military.
#7 The teen unemployment rate in Washington D.C. right now is 51.7 percent.
#8 Gallup’s U.S. Economic Confidence Index is now the lowest that it has been since January.
- A d v e r t i s e m e n t
#9 The median net worth of U.S. households in 2007 was $126,400. By 2010, it had fallen to just $77,300.
#10 Pensions at SP 500 companies are more under-funded than they have ever been before.
#11 According to the New York Times, state and local governments across America “shortchanged their pension plans by more than $50 billion” between 2007 and 2011.
#12 The city of Compton, California is evaluating whether or not it should declare bankruptcy. If it did, it would becomethe fourth California city to declare bankruptcy this year.
#13 The percentage of U.S. households that are spending more than half their incomes on housing is at an all-time high.
#14 For the first time in modern history, Canadian households are wealthier than American households are.
#15 One recent poll found that 42 percent of all Americans believe that China is the leading economic power in the world while only 36 percent believe that the U.S. is still the leading economic power in the world.
#16 According to the federal government, the price of food rose much faster than the general rate of inflation did during 2011. Just check out these rates of food inflation for 2011….
- Beef: +10.2%
- Pork: +8.5%
- Fish: +7.1%
- Eggs: +9.2%
- Dairy: +6.8%
- Oils and Fats: +9.3%
If that happened during a somewhat “normal year”, what will food prices look like after we are done with the drought of 2012?
#17 The price of a bushel of corn has risen by 54 percent since mid-June.
#18 According to one survey, 42 percent of all American workers are living paycheck to paycheck.
#19 A different survey found that 28 percent of all Americans have absolutely no emergency savings at all right now.
#20 Federal Reserve Chairman Ben Bernanke made the following statement to Congress on Tuesday: “At this point we don’t see a double dip recession. We see continued moderate growth.”
Do you remember that old Seinfeld episode when George Costanza decided that he would “do the opposite” of everything that his instincts were telling him to do and everything started working out great for him?
Well, when it comes to Federal Reserve Chairman Ben Bernanke, the key is to “believe the opposite” of everything that he says.
And since Bernanke does not believe that a double dip recession is going to happen, that probably means that we are about to hit another recession.
If you doubt this theory about Bernanke, just go back and check out his track record.
Okay, so if our economy is in big trouble shouldn’t our leaders be doing something about it?
Well, it is election season now so I wouldn’t expect too much from Barack Obama. He is too busy raising money in France and in China.
I wouldn’t expect too much from Obama’s economic advisers either. In fact, Obama’s much-ballyhooed “jobs council” has not even met in six months.
Not that the “jobs council” was ever going to do anything substantive anyway.
The truth is that it was just for show and most of the CEOs on the council have been sending jobs overseas anyway.
Well, what about the SEC?
Shouldn’t they be doing something to fix the financial system?
No, they are too busy investigating the Amish.
It looks like we are on our own.
Soon, even more parts of the country will start looking like Detroit or Baltimore or Cleveland.
This country is rapidly falling apart, and the federal government is not going to save us.
That is why we need to focus on preparing to weather the coming storm on a family and community level.
There is hope in being prepared. The coming economic crisis will wipe out many Americans because they will never even see it coming. But that does not have to happen to you.
If you work really hard right now to prepare your family for the storm that is on the horizon, then you will have a much better chance of making it through to the other side.
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11 Responses to “20 Signs That All Point To The Exact Same Thing – Can You Guess What That Is?”
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Can anybody spell: Agenda 21 (New World Order) ? If you can’t read the writing on the wall, go put your glasses on ! It’s a controlled agenda, and it’s at full-throttle ! The only way to shut it off, is at the Election ! Wake up !
Startover Reply:
July 19th, 2012 at 3:02 am
Yep
Mandatory Poverty for all
The toilet of Equality
So how does an average family prepare for the coming storm when there is no disposable income to do it with. Preparation means buying a lot of extra food, medical supplies, guns, ammo, generators and fuel for the generators. When you can’t pay the rent or mortgage your food supply will be put out on the road by the sheriff come eviction day. My family income barely gets me to the end of the month. I can’t buy extra food to put away for the coming storm. Do you have any idea how much food would be needed for an eight month supply for five people. Let alone the other supplies I’ve mentioned. From a reality point of view, preparation won’t work for millions of families.
benth163 Reply:
July 19th, 2012 at 4:53 am
Maybe you should have thought of that when you let your other head do the thinking for you.
Also you might give consideration to loaning your kids out to be cannon fodder for the war machine most Americans have supported in one form or another.
WE ARE ABOUT TO PAY THE PIPER FOR OUR CONSUMERISM AND WAR MONGERING !!!
underachineserock Reply:
July 19th, 2012 at 5:12 am
I quite assume he IS one of the kids. Seems like a 13 year old’s logic to me. TV hasn’t taught me how to handle myself in case the government decides to liquidate the population, so I’ll bitch at those who would like to.
If you want to stockpile food for no extra money, dig up your yard (or some vacant lot) and plant a garden there. Eat the fresh stuff, and use the extra money to buy storable food. Chickens give you free eggs. Go fishing. Wash dishes in a restaurant that will let you take leftovers home.
You (probably) have 2 arms and 2 legs and that means you can work. Just because there are no “jobs” out there doesn’t mean there isn’t work to do. You can place free classified ads in lots of places and offer to do yard work, painting, hauling (if you have wheels), moving, staining decks. Anything you can think of that you know how to do, or something anyone can do if they’re willing to get dirty/suffer discomfort/work really hard/get naked when you’re told to.
If you’re terribly concerned about how to make a few extra bucks for rice and dried beans, there’s a ton of options for you.
Yeah, that’s right, you can spend all your money and that’s exactly what Agenda 21 wants you to do too…..they’re still going to swipe up all you have in the end. First, they’ll raise the cost of living even higher, so third world countries can thrive, then they’ll call in all the loans to swipe up the property.
Ron Paul 2012.
Gary Johnson 2012.
what Joan replied I am impressed that some people able to make $7271 in 1 month on the internet. did you see this web page ow.ly/ckx50
This is off topic but I just read that a contingent of Air Force personnel —in full UNIFORM ==will march in a Gay Pride event on the west coast. Isnt it strange how a *ag Marine who was filmed in a porn movie wasnt prosecuted for his actions –that happened a few months back and now you can see where the deviates in DC are taking us……..and it aint good……….
“#2 35 percent of all unemployed workers have had to dip into retirement savings in order to make ends meet over the past year.”
Wow. And those are the people that actually have retirement savings…